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Amid the Covid-19 pandemic, the global investment flow is likely to contract by 40% in 2020, but in Vietnam, newly registered capital has risen 6.6% and the number of new FDI projects inched up over 22% during the pandemic, Do Nhat Hoang, head of the ministry’s Foreign Investment Agency (FIA), said while addressing a dialogue on FDI attraction held today, September 4. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 8

It will take growth quality as the foundation to shift to exports of services and intangible goods such as software and digital content, encourage links between the country's various regions to increase exports to markets with which Viet Nam has free trade agreements, improve the competitiveness of export items by capitalising on the city’s comparative advantages, join global value chains, and increase links between businesses. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 9

Recent years has seen several Indian firms with billions of dollars in turnover decide to make long-term investments or surveys in an effort to prepare investments or expand their current business dealings in the country, including Adani Group. Their intention to get involved in the local renewable energy sector was first presented by the CEO of Adani Group during his working trip to Vietnam in 2018 in a meeting held with Prime Minister Nguyen Xuan Phuc. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 10

Le Thi Huynh Mai, director of the city Department of Planning and Investment, said the total retail sales of goods and service revenue during the period reached about VND827 trillion, down 3.3 per cent from the same period last year, while total budget revenue was more than VND216.7 trillion, down 17.37 per cent over the same period. Total budget expenditures were VND49.264 trillion. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 11

In response to the appeal of the Party General Secretary and President, Directives of the Politburo, the Party Central Committee’ Secretariat, the Prime Minister, and decrees of the Government on carrying out the dual tasks of fighting COVID-19 pandemic and boosting socio-economic development, Hanoi has put the outbreak under control, supported business and investment activities, and ensured social welfare for the public, Hue said. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 12